Data released today (Thursday) shows that import and export prices are still in an overall downtrend from 2009, as shown below.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
SPX, NDX & RUT vs. Volatility Indices
The following 3 Daily ratio charts show that:
- the SPX is outperforming the VIX, but the ratio is at a major resistance level…the Momentum indicator has just turned positive above the Zero level
- the NDX is struggling to outperform the VXN, and the ratio is at a downtrend resistance and well below a major resistance level…the Momentum indicator has turned up and is just below the Zero level
- the RUT is also struggling to outperform the RVX, and the ratio is well below a downtrend resistance and below two major resistance levels…the Momentum indicator has turned up and is just below the Zero level
National Bank of Greece Extends Its Losses
As of 12:00 pm EST today (Monday), the National Bank of Greece is -10.38%, as shown below on Bloomberg’s Top Gainers & Losers in the EURO STOXX Banks (Price) Index.
Alcoa Earnings Due Out After Monday’s Close
Perhaps today’s (Monday’s) sideways movements, so far (as of 1:00 pm EST), are indicative of a market-in-waiting for Alcoa’s earnings release after the close.
However, in spite of its strong start in January of this year, it has lost all of its gains for the year, plus more, as shown on the 1-Year chart below…not such a great role model for the rest of the markets, in my humble opinion, as it’s still well below its 2008, 2010, and 2011 highs (and never even made it up to last year’s highs), as shown on the next 5-year chart. (more…)
Money Flow for April Week One
Further to my last Weekly Market Update, this week’s update will look at:
- 6 Major Indices
- 9 Major Sectors
- Germany, France, and the PIIGS Indices
- Emerging Markets ETF (EEM) and BRIC Indices & ETF (BKF)
- Canadian, Japanese, British, Australian, and World Markets Indices
- Commodities ETF (DBC), Agricultural ETF (DBA), Gold, Oil, Copper & Silver
- Major Currencies
- Comparison of SPX, Gold, USD & USB
- Comparison of SPX, CRX, USD & USB
